KML Preferred Shares definition

KML Preferred Shares means, collectively, the KML Series 1 Preferred Shares, the KML Series 2 Preferred Shares, the KML Series 3 Preferred Shares and the KML Series 4 Preferred Shares;
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KML Preferred Shares means any series of preferred shares in the capital of KML as set forth in the articles of incorporation, amendment, arrangement or amalgamation of KML, from time to time;
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KML Preferred Shares means, collectively, the KML Series 1 Shares, the KML Series 2 Shares, the KML Series 3 Shares and the KML Series 4 Shares;
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Examples of KML Preferred Shares in a sentence

  • Subject to applicable provisions in the Partnership Agreement, the Partnership may return the Preferred Contributed Capital in an amount necessary to fund any purchase for cancellation or redemption of Series 1 KML Preferred Shares or Series 2 KML Preferred Shares purchased for cancellation by KML in accordance with the terms thereof and at the same purchase price.

  • No order, ruling or determination having the effect of suspending the sale of, or ceasing the trading of, the KML Voting Shares, the KML Preferred Shares or any other securities of KML or any has been issued by any Governmental Entity and is continuing in effect and no proceedings for that purpose have been instituted, are pending or, to the knowledge of KML, are contemplated or threatened under any applicable Laws or by any other Governmental Entity.

  • The KML Restricted Voting Shares and the KML Preferred Shares are listed and posted for trading on the TSX, and KML is in material compliance with the rules of the TSX.

  • The Preferred LP Units Distribution shall be payable in a manner and at times determined by the General Partner sufficient to allow KML to pay dividends on then outstanding KML Preferred Shares.

  • The General Partner shall cause the relevant terms of any then outstanding Preferred LP Units to be amended to substantially and economically reflect the amendments to any corresponding KML Preferred Shares effected in accordance with the terms thereof.

  • In addition, a Dissenting KML Shareholder may only exercise Dissent Rights in respect of all, and not less than all, of its KML Restricted Voting Shares or KML Preferred Shares, as the case may be.

  • The fair value of the KML Preferred Shares shall be determined as at the close of business on the last Business Day before the day on which the Preferred Shareholder Resolution is approved by the KML Preferred Shareholders.

  • Any such certificate formerly representing KML Voting Shares, Class B Units and, if the Preferred Share Condition is satisfied prior to the Effective Time, KML Preferred Shares not duly surrendered on or before the last Business Day prior to the third anniversary of the Effective Date shall cease to represent a claim by or interest of any former KML Voting Shareholder or KML Preferred Shareholder, as applicable, of any kind or nature against KML, Pembina or Pembina SubCo (if applicable).

  • Notwithstanding anything else contained herein: (a) in the circumstances where the Preferred Share Condition is not satisfied, KML shall amend the Plan of Arrangement to exclude the KML Preferred Shares under the Plan of Arrangement and matters ancillary thereto, including, for greater certainty and among other provisions, the amalgamation contemplated in Section 3.1(h) of the Plan of Arrangement.

  • Subject to applicable provisions in the Partnership Agreement, the Partnership may return the Preferred Contributed Capital in an amount necessary to fund any purchase for cancellation or redemption of Series 3 KML Preferred Shares or Series 4 KML Preferred Shares purchased for cancellation by KML in accordance with the terms thereof and at the same purchase price.